Question 15 Marks
A shopkeeper buys an article whose list price is ₹ 8000 at some rate of discount from a wholesaler. He sells the article to a consumer at the list price. The sales are intra-state and the rate of GST is $18 \%$. If the shopkeeper pay a tax (under GST) of ₹72 to the State Government, find the rate of discount at which he bought the article from the wholesaler.
Answer
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List of price of an article $=$ ₹ 8000
Let the rate of discount given by wholesaler $=\mathrm{x} \%$
So,
Discount $=x \%$ of ₹ 8000
$=\left(\frac{x}{100}\right) \times$ ₹ 8000
$=₹ 80 \mathrm{x}$
CP of an article for shopkeeper $=₹ 8000-₹ 80 x$
It is given that, CP of article for consumer $=₹ 8000$
Since the sales are intra-state, rate of GST $=18 \%$
CGST $=$ SGST $=9 \%$
Amount of GST paid by shopkeeper to wholesaler,
SGST $=$ CGST $=9 \%$ of [₹8000-₹80x]
$=\left(\frac{9}{100}\right) \times[₹ 8000-₹ 80 \mathrm{x}]$
Amount of GST paid by consumer to shopkeeper,
CGST $=$ SGST $=9 \%$ of ₹ 8000
$=\left(\frac{9}{100}\right) \times ₹ 8000=₹ 720$
So, the tax paid by shopkeeper to state government $=₹ 720-\left(\frac{9}{100}\right) \times[₹ 8000-₹ 80 x]$
Also, tax paid by shopkeeper to state government $=₹ 72$
₹ $72-720-\left(\frac{9 \times 80}{100}\right)(100-x)$
$720-72=\left(\frac{720}{100}\right)(100-x)$
$648=\left(\frac{72}{10}\right)(100-x)$
$100-x=\frac{648 \times 10}{72}$
$100-x=90$
$x=100-90=10$
Hence, the required rate of discount $=10 \%$
List of price of an article $=$ ₹ 8000
Let the rate of discount given by wholesaler $=\mathrm{x} \%$
So,
Discount $=x \%$ of ₹ 8000
$=\left(\frac{x}{100}\right) \times$ ₹ 8000
$=₹ 80 \mathrm{x}$
CP of an article for shopkeeper $=₹ 8000-₹ 80 x$
It is given that, CP of article for consumer $=₹ 8000$
Since the sales are intra-state, rate of GST $=18 \%$
CGST $=$ SGST $=9 \%$
Amount of GST paid by shopkeeper to wholesaler,
SGST $=$ CGST $=9 \%$ of [₹8000-₹80x]
$=\left(\frac{9}{100}\right) \times[₹ 8000-₹ 80 \mathrm{x}]$
Amount of GST paid by consumer to shopkeeper,
CGST $=$ SGST $=9 \%$ of ₹ 8000
$=\left(\frac{9}{100}\right) \times ₹ 8000=₹ 720$
So, the tax paid by shopkeeper to state government $=₹ 720-\left(\frac{9}{100}\right) \times[₹ 8000-₹ 80 x]$
Also, tax paid by shopkeeper to state government $=₹ 72$
₹ $72-720-\left(\frac{9 \times 80}{100}\right)(100-x)$
$720-72=\left(\frac{720}{100}\right)(100-x)$
$648=\left(\frac{72}{10}\right)(100-x)$
$100-x=\frac{648 \times 10}{72}$
$100-x=90$
$x=100-90=10$
Hence, the required rate of discount $=10 \%$

